We had cautioned all the investors not to buy in the co where the co has seen a tremendous beating in the capital goods space, the CMP is 157 we will recommend to buy at around Rs 150 where the markets are very volatile and in the recent downfall of the market the promoters have increased their holding in the co where that will boost the confidence of the investors , the co has seen all the negative news flows in the recent past where this would just give a little support to the investors to cheer and remain invested in the co. Where for next 3 months target would be Rs 165-170 if the markets are good.
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